Strava’s confidential S-1 filing in early 2026 and the missed spring window have left traders anchored to its $2.2 billion May 2025 private valuation while debating the size of any IPO pop. With annual recurring revenue estimated near $400–500 million from premium subscriptions, the 2B–3B and 7B–10B buckets sit nearly tied because investors weigh modest revenue multiples against growth from Gen Z adoption and run-club trends versus execution risk in a still-uncertain public market. Preparatory steps such as new API fees and board additions signal readiness, yet the lack of a public prospectus or fresh funding mark keeps sentiment split. A public filing, stronger user metrics, or favorable IPO-window conditions could quickly widen the gap between these leading outcomes.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedStrava IPO Closing Market Cap
2B–3B 19%
<2B 9.7%
4B–5B 10%
5B–7B 5.2%
$90,757 Vol.
$90,757 Vol.
<2B
10%
2B–3B
29%
3B–4B
18%
4B–5B
10%
5B–7B
5%
7B–10B
30%
10B–15B
5%
15B+
4%
No IPO before 2028
7%
2B–3B 19%
<2B 9.7%
4B–5B 10%
5B–7B 5.2%
$90,757 Vol.
$90,757 Vol.
<2B
10%
2B–3B
29%
3B–4B
18%
4B–5B
10%
5B–7B
5%
7B–10B
30%
10B–15B
5%
15B+
4%
No IPO before 2028
7%
If no Strava IPO occurs by December 31, 2027, 11:59 PM ET, this market will resolve to "No IPO before 2028".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Strava’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
Market Opened: Jan 14, 2026, 5:30 PM ET
Resolver
0x2F5e3684c...If no Strava IPO occurs by December 31, 2027, 11:59 PM ET, this market will resolve to "No IPO before 2028".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Strava’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
Resolver
0x2F5e3684c...Strava’s confidential S-1 filing in early 2026 and the missed spring window have left traders anchored to its $2.2 billion May 2025 private valuation while debating the size of any IPO pop. With annual recurring revenue estimated near $400–500 million from premium subscriptions, the 2B–3B and 7B–10B buckets sit nearly tied because investors weigh modest revenue multiples against growth from Gen Z adoption and run-club trends versus execution risk in a still-uncertain public market. Preparatory steps such as new API fees and board additions signal readiness, yet the lack of a public prospectus or fresh funding mark keeps sentiment split. A public filing, stronger user metrics, or favorable IPO-window conditions could quickly widen the gap between these leading outcomes.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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